Nextracker Inc. (NXT)

Market Cap	8.38B
Revenue (ttm)	2.96B
Net Income (ttm)	509.17M
Shares Out	146.26M
EPS (ttm)	3.47
PE Ratio	16.53
Forward PE	14.74
Dividend	n/a
Ex-Dividend Date	n/a

Volume	2,271,264
Open	56.49
Previous Close	56.20
Day's Range	54.00 - 57.69
52-Week Range	30.93 - 63.19
Beta	2.40
Analysts	Buy
Price Target	59.45 (+3.83%)
Earnings Date	Jul 31, 2025

About NXT

Nextracker Inc. provides solar tracker technologies and solutions for utility-scale and distributed generation solar applications in the United States and internationally. The company offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizon Low Carbon, a solar tracker solution with a reduced ...

• Industry: Solar
• Sector: Technology
• IPO Date: Feb 9, 2023
• Employees: 1,300
• Stock Exchange: NASDAQ
• Ticker Symbol: NXT
• Website: https://www.nextracker.com

Financial Performance

In 2024, Nextracker's revenue was $2.96 billion, an increase of 18.38% compared to the previous year's $2.50 billion. Earnings were $509.17 million, an increase of 66.26%.

Analyst Forecast

According to 20 analysts, the average rating for NXT stock is "Buy." The 12-month stock price forecast is $59.45, which is an increase of 3.83% from the latest price.

Price Target

$59.45

(3.83% upside)

Analyst Consensus: Buy